SpareBank 1 SMN Approves Cash Dividend; Approves Board Appointments
March 23, 2018 at 02:59 am EDT
SpareBank 1 SMN announced that at its Supervisory Board held on March 22, 2018 the Supervisory Board set a cash dividend of NOK 4.40 per equity certificate (EC), altogether totalling NOK 572 million. This gives the EC holders a payout ratio of 50% of the group profit per EC.
The board also approved the election of Knut Solberg as chair for a period of two years. Mette Kamsvg was elected as Board member for a period of two year and Tonje Foss was elected as Board member for a period of two years.